Company
Editorial monogram for Ponce Bank — not an official logo.PB

Ponce Bank

Community development bank; Bronx, New York

Websiteponcebank.com/
HeadquartersBronx, New York
1 Recorded Transaction
$22M Combined Transaction Value

Overview

Ponce Bank provided the construction financing for a planned seven-storey, 54,148-square-foot mixed-use building at 1514 60th Street in Borough Park, filed by Joshua Markovics. The bank is named on both the $22 million loan agreement and the $5 million mortgage recorded in July 2026.

Source: Ponce Bank

Transactions Tracked

1514 60th Street Financing (Jul. 2026) $22M
Lender
Named as party2 on the $22,000,000 loan agreement (ACRIS doc 2026070600067003) and on the $5,000,000 mortgage recorded the same day (doc -002). Only the loan agreement is counted; the mortgage is part of the same financing.

Sources

  1. ACRIS Document Detail -- loan agreement, $22,000,000 — NYC ACRIS
  2. Ponce Bank — Ponce Bank

The loan agreement recorded on 1514 60th Street. The $5M mortgage recorded the same day is part of the same financing and is not added.